Greater London homes taking up to 147 days to sell �...

It’s taking an average of 17.61 weeks to sell a property across Greater London, with some parts taking up to 147 days on average.

Quick-buy firm Property Solvers’ speed of sale tool, based on almost 10,000 transactions between between February 2023 and February 2024, found properties were selling the fastest in London (E3), London (E4) and Waltham Cross (EN7) at 102 and 103 days on average respectively.

Homes were selling the slowest in the Watford (WD19), London (SE26) and Swanley (BR8) postcodes, taking 138.60 days (19.80 weeks) to sell on average.

Ruban Selvanayagam of Property Solvers, said: “Whilst we’re starting to see some noticeable improvements into 2024, the continued pressures on the mortgage sector and buyers' ability to secure the right kind of finance has resulted in delays with sales completing.

“Combined with the recognised ‘snail pace’ nature of the conveyancing process, it’s likely that these trends are likely to remain for some time.”

Greater London's Fastest Areas to Sell a Property (February 2023 to February 2024)
Area	Postcode	Average No. of Days to Sell	No. of Properties
London	E3	102	37
London	E4	103	55
Waltham Cross	EN7	103	45
Twickenham	TW1	104	50
London	SW6	105	103
Harrow	HA3	106	39
Northwood	HA6	106	48
Woodford Green	IG8	110	35
London	W7	111	35
London	SE25	112	43

Greater London's Slowest Areas to Sell a Property (February 2023 to February 2024)
Area	Postcode	Average No. of Days to Sell	No. of Properties
Watford	WD19	147	50
London	SE26	142	40
Swanley	BR8	139	48
Enfield	EN1	139	66
London	SE13	138	53
London	SE18	138	42
Mitcham	CR4	137	50
London	SW2	136	70
London	SW18	135	160
Worcester Park	KT4	135	51